{"id":379349,"date":"2020-11-12T07:02:27","date_gmt":"2020-11-12T12:02:27","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=379349"},"modified":"2020-11-12T07:02:27","modified_gmt":"2020-11-12T12:02:27","slug":"medipharm-labs-announces-change-to-leadership-team","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/medipharm-labs-announces-change-to-leadership-team\/","title":{"rendered":"MediPharm Labs Announces Change to Leadership Team"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">BARRIE, Ontario, Nov.  12, 2020  (GLOBE NEWSWIRE) &#8212; MediPharm Labs Corp. (TSX: LABS) (OTCQX: MEDIF) (FSE: MLZ) (\u201cMediPharm Labs\u201d or the \u201cCompany\u201d) a global leader in specialized, research-driven cannabis extraction, distillation and derivative products, today announced it has accepted the resignation of its Chief Financial Officer, Bobby Kwon, who is leaving for family reasons. Mr. Kwon will remain with the Company through to the end of November when the Company will appoint an interim CFO. The Company will also commence a rigorous search for a permanent replacement immediately.<\/p>\n<p align=\"justify\">\u201cOn behalf of the Board, we would like to thank Bobby for his many contributions to the Company over the last year and wish him well for the future,\u201d said Pat McCutcheon, CEO, MediPharm Labs. \u201cWe look forward to commencing a rigorous search for a new Chief Financial Officer that will support the Company through our next phase of growth as a pharmaceutical company.\u201d<\/p>\n<p align=\"justify\">\n        <strong>About MediPharm Labs<\/strong>\n      <\/p>\n<p align=\"justify\">Founded in 2015, MediPharm Labs specializes in the production of purified, pharmaceutical-quality cannabis oil and concentrates and advanced derivative products utilizing a Good Manufacturing Practices certified facility with ISO standard-built clean rooms. MediPharm Labs has invested in an expert, research-driven team, state-of-the-art technology, downstream purification methodologies and purpose-built facilities with five primary extraction lines for delivery of pure, trusted and precision-dosed cannabis products for its customers. Through its wholesale and white label platforms, MediPharm Labs formulates, develops (including through sensory testing), processes, packages and distributes cannabis extracts and advanced cannabinoid-based products to domestic and international markets. As a global leader, MediPharm Labs has completed commercial exports to Australia and has fully commercialized its wholly-owned Australian extraction facility. MediPharm Labs Australia was established in 2017.<\/p>\n<p>\n        <strong>For further information, please contact: <\/strong><br \/>\n        <br \/>Laura Lepore, VP, Investor Relations <br \/>Telephone: 705-719-7425 ext 1525<br \/>Email: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=4rTR4Lfu0ONjlP3TgH-Tin5Pt3Rc646wOxZs29XKfvAV6meWYidXnPW_dbtRqHz5IlwIe9YwBiFjNYmdnZQ1C5D3ZrDbMAC9gQR3KiHYs7V6CiRWOOUyaUIenj-CDiuA\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">investors@medipharmlabs.com<\/a>\u00a0\u00a0\u00a0\u00a0\u00a0 <br \/>Website: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=1G9tqJXoAQfdX4fJ8nMtcSq516BO922XMH0BLQmpJpmpAm20togATd5WCKZKKfwC7_fajm2bf8e0_ggaJ3Y7NmKeDdSlIjt48kvNRSjiPHE=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.medipharmlabs.com<\/a>\u00a0\u00a0\u00a0\u00a0<\/p>\n<p>\n        <strong>CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION:<\/strong>\n      <\/p>\n<p align=\"justify\">This news release contains \u201cforward-looking information\u201d and \u201cforward-looking statements\u201d (collectively, \u201cforward-looking statements\u201d) within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as \u201cexpects\u201d, or \u201cdoes not expect\u201d, \u201cis expected\u201d, \u201canticipates\u201d or \u201cdoes not anticipate\u201d, \u201cplans\u201d, \u201cbudget\u201d, \u201cscheduled\u201d, \u201cforecasts\u201d, \u201cestimates\u201d, \u201cbelieves\u201d or \u201cintends\u201d or variations of such words and phrases or stating that certain actions, events or results \u201cmay\u201d or \u201ccould\u201d, \u201cwould\u201d, \u201cmight\u201d or \u201cwill\u201d be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward-looking statements relate to, among other things, the Company\u2019s next phase of growth as a pharmaceutical company. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties; the inability of MediPharm Labs to obtain adequate financing; the delay or failure to receive regulatory approvals; and other factors discussed in MediPharm Labs\u2019 filings, available on the SEDAR website at www.sedar.com. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Except as required by law, MediPharm Labs assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change.<\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA4NDcwNiMzODIzNTY5IzIwOTk1NjA=\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>BARRIE, Ontario, Nov. 12, 2020 (GLOBE NEWSWIRE) &#8212; MediPharm Labs Corp. (TSX: LABS) (OTCQX: MEDIF) (FSE: MLZ) (\u201cMediPharm Labs\u201d or the \u201cCompany\u201d) a global leader in specialized, research-driven cannabis extraction, distillation and derivative products, today announced it has accepted the resignation of its Chief Financial Officer, Bobby Kwon, who is leaving for family reasons. Mr. Kwon will remain with the Company through to the end of November when the Company will appoint an interim CFO. The Company will also commence a rigorous search for a permanent replacement immediately. \u201cOn behalf of the Board, we would like to thank Bobby for his many contributions to the Company over the last year and wish him well for the future,\u201d said Pat McCutcheon, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/medipharm-labs-announces-change-to-leadership-team\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;MediPharm Labs Announces Change to Leadership Team&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-379349","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>MediPharm Labs Announces Change to Leadership Team - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/medipharm-labs-announces-change-to-leadership-team\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MediPharm Labs Announces Change to Leadership Team - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"BARRIE, Ontario, Nov. 12, 2020 (GLOBE NEWSWIRE) &#8212; MediPharm Labs Corp. (TSX: LABS) (OTCQX: MEDIF) (FSE: MLZ) (\u201cMediPharm Labs\u201d or the \u201cCompany\u201d) a global leader in specialized, research-driven cannabis extraction, distillation and derivative products, today announced it has accepted the resignation of its Chief Financial Officer, Bobby Kwon, who is leaving for family reasons. Mr. Kwon will remain with the Company through to the end of November when the Company will appoint an interim CFO. The Company will also commence a rigorous search for a permanent replacement immediately. \u201cOn behalf of the Board, we would like to thank Bobby for his many contributions to the Company over the last year and wish him well for the future,\u201d said Pat McCutcheon, &hellip; Continue reading &quot;MediPharm Labs Announces Change to Leadership Team&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/medipharm-labs-announces-change-to-leadership-team\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-12T12:02:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA4NDcwNiMzODIzNTY5IzIwOTk1NjA=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/medipharm-labs-announces-change-to-leadership-team\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/medipharm-labs-announces-change-to-leadership-team\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"MediPharm Labs Announces Change to Leadership Team\",\"datePublished\":\"2020-11-12T12:02:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/medipharm-labs-announces-change-to-leadership-team\\\/\"},\"wordCount\":635,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/medipharm-labs-announces-change-to-leadership-team\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODA4NDcwNiMzODIzNTY5IzIwOTk1NjA=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/medipharm-labs-announces-change-to-leadership-team\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/medipharm-labs-announces-change-to-leadership-team\\\/\",\"name\":\"MediPharm Labs Announces Change to Leadership Team - 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(TSX: LABS) (OTCQX: MEDIF) (FSE: MLZ) (\u201cMediPharm Labs\u201d or the \u201cCompany\u201d) a global leader in specialized, research-driven cannabis extraction, distillation and derivative products, today announced it has accepted the resignation of its Chief Financial Officer, Bobby Kwon, who is leaving for family reasons. Mr. Kwon will remain with the Company through to the end of November when the Company will appoint an interim CFO. The Company will also commence a rigorous search for a permanent replacement immediately. \u201cOn behalf of the Board, we would like to thank Bobby for his many contributions to the Company over the last year and wish him well for the future,\u201d said Pat McCutcheon, &hellip; Continue reading \"MediPharm Labs Announces Change to Leadership Team\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/medipharm-labs-announces-change-to-leadership-team\/","og_site_name":"Market Newsdesk","article_published_time":"2020-11-12T12:02:27+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA4NDcwNiMzODIzNTY5IzIwOTk1NjA=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/medipharm-labs-announces-change-to-leadership-team\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/medipharm-labs-announces-change-to-leadership-team\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"MediPharm Labs Announces Change to Leadership Team","datePublished":"2020-11-12T12:02:27+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/medipharm-labs-announces-change-to-leadership-team\/"},"wordCount":635,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/medipharm-labs-announces-change-to-leadership-team\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA4NDcwNiMzODIzNTY5IzIwOTk1NjA=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/medipharm-labs-announces-change-to-leadership-team\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/medipharm-labs-announces-change-to-leadership-team\/","name":"MediPharm Labs Announces Change to Leadership Team - 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